Listed cement maker East African Portland Cement has issued a profit warning after it sank deeper into loss owing to higher financing costs and forex losses.

Mortgage Financier Housing Finance Group announced Thursday its profit after tax rose 23 per cent to Sh1.2 billion for the year ended December 31, 2015 compared to Sh975 million during a similar period in 2014.

LIBERTY Kenya holdings limited has become the 18th publicly listed company to issue a profit warning, highlighting a tough operating environment for businesses in 2015.

Interest in Kenya’s capital markets continue to grow as the Nairobi Securities Exchange (NSE) signs up 6 clearing members as the bourse gets ready to launch its Derivatives market.